Brent jumped by as much as 13% to above US$82 ($104.38) a barrel at the open on Monday, and oil markets are now bracing for ...

Explosions hit Dubai International Airport and Jebel Ali Port; blasts heard in Doha. F-15 fighter jet down in Kuwait. Market ...

OIL surged by the most in four years as traders gauged the impact of the effective closure of the Strait of Hormuz triggered ...

Banks are also under pressure, with Lloyds Banking Group down 3% or 3.5p to 99p. The surge in oil price has left BP and Shell shares 5% higher - up 21.5p at 499.15p and 157p to a record 3230.5p ...

Explosions have been heard in multiple Gulf cities including Dubai, Abu Dhabi and Doha, while Israel and Hezbollah are trading blows as the war with Iran widens. Follow for live coverage.

All major oil and gas fields suspended in Iraqi Kurdistan for safety rasons; no gas also flowing from offshore asset in Israel ...

After lots of saber-rattling in recent weeks, the U.S. and Israel launched military strikes against Iran over the weekend. The escalating conflict could significantly impact the oil market. Several ...

The increase in oil prices by oil companies braces for a substantial rise in petrol and diesel prices across the country.

Oil prices have jumped as U.S. and Israeli attacks on Iran and retaliatory strikes against Israel and U.S. military ...

Plenty of world leaders would have been pleased to see the back of Ali Khamenei, Iran’s supreme leader. But China’s foreign ...

At the time of writing, shares of BPCL were down 2.4% at 376.15 INR, while Indian Oil Corp was at 180.65 INR, down 3.7%. HPCL ...